6862 Mill Run Circle
About This Property
Bamboo hardwood and porcelain tile flooring add to the timeless elegance. Enjoy upscale amenities including a full-size Sub-Zero wine refrigerator, a whole-house water softener, and a reverse osmosis drinking water filtration system. Additional highlights include a newer roof, electric rolldown storm shutters, an irrigation system with a private well, two new air-conditioning units, and a comprehensive security system with video surveillance.
For those who work from home, the spacious office is equipped with built-in desks and cabinetry, all illuminated by LED lighting. The beautifully landscaped grounds include a pool, spa, and a new outdoor kitchen, perfect for relaxation and entertaining. With low HOA fees, this home offers an exceptional living experience in a prime location. Just minutes to shopping at Waterside Shops and Mercato, as well as white-sand Naples beaches.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Aug 17, 2024 | Listed by Caine Luxury Team | $1,795,000 | |
| Listed by Caine Luxury Team | |||
| Jul 15, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 23, 2024 | Listed by Premier Sotheby's Int'l Realty | $1,825,000 | |
| Listed by Premier Sotheby's Int'l Realty | |||
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Welcome to your dream home in a prime location near Mercato! This meticulously maintained residence offers the ideal blend of luxury and convenience, ideal for a growing family or empty nesters hosting guests. On a spacious lot and providing four bedrooms plus den, the open floor plan seamlessly connects the kitchen, dining and living spaces, complemented by high ceilings and plantation shutters. The home features two primary suites with California closets, bamboo hardwood and porcelain tile flooring, a full-size Sub-Zero wine refrigerator, a whole-house water softener and RO drinking water filtration system, a newer roof, electric rolldown storm shutters, irrigation system with private well, two new air-conditioning units and a full security system with video surveillance. Easily work from home in the large office for two, equipped with full built-in desks and cabinetry illuminated by LED lighting. Beautifully landscaped grounds, pool, spa and new outdoor kitchen. Ideal for relaxation and entertaining. Low HOA fees.
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Property Highlights
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About North Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017